The new ETF allocates over 45% of its combined weight to France and Germany. Italy is the only other country to receive a double-digit allocation in the fund.
Financial services is FEUZ’s largest sector allocation at almost 21%, but the ETF has five other double-digit sector weights ranging from 10.1% to 12.6%. Those are industrials, materials, utilities, health care and consumer discretionary.
First Trust Eurozone AlphaDex Fund
ETF Trends editorial team contributed to this post.